XML 28 R17.htm IDEA: XBRL DOCUMENT v3.4.0.3
Restructuring and Acquisition Charges
3 Months Ended
Mar. 31, 2016
Restructuring and Related Activities [Abstract]  
Restructuring and acquisition charges
11.
RESTRUCTURING AND ACQUISITION CHARGES
For the three months ended March 31, 2016 and 2015, we recognized Restructuring and acquisition charges of $7.6 million and $0.8 million, respectively, primarily consisting of (1) severance, (2) lease exit charges and fair value reserve adjustments, and (3) other acquisition and integration-related charges. For the three months ended March 31, 2016, there was $0.2 million related to net increases to earn-out liabilities that arose from prior period acquisition activity.
The following tables show the restructuring and acquisition accrual activity and related payments, which are exclusive of the adjustments to earn-out liabilities noted above.
(in millions)
Severance
Lease
Exit
Other
Acquisition Costs
Total
December 31, 2015
$
2.7

5.7

0.2

8.6

Accruals
3.2


4.2

7.4

Payments made
(3.2
)
(0.4
)
(0.9
)
(4.5
)
March 31, 2016
$
2.7

5.3

3.5

11.5

(in millions)
Severance
Lease
Exit
Other
Acquisition Costs
Total
December 31, 2014
$
3.0

4.2

0.4

7.6

Accruals
(0.1
)

0.9

0.8

Payments made
(0.7
)
(1.1
)
(0.4
)
(2.2
)
March 31, 2015
$
2.2

3.1

0.9

6.2


We expect the majority of accrued severance and other accrued acquisition costs as of March 31, 2016 will be paid during 2016. Lease exit payments depend on the terms of various leases, which extend as far out as 2020.